How Much Cash Will You Need to Close?
Combine your down payment, closing costs, prepaid items, deposits and credits into one estimate of the cash you'll actually need at closing.
Calculate Cash to Close →Estimate Your Cash to Close
Results update as you change any input.
Typical closing costs range from 2% to 5% of the purchase price.
Already have an estimate? Use My Closing Cost Estimate →
These aren't lender "fees" — they're funds collected in advance to cover future property taxes, insurance and interest.
These reduce the cash you still need to bring at closing.
Credits reduce applicable closing expenses, subject to your loan program and contract terms — they don't always apply toward your down payment.
Estimates are for educational purposes only · Not a Closing Disclosure
Your Estimated Cash to Close
Educational Use Only: Reaixo provides estimates for informational and educational purposes and is not an appraiser, lender, mortgage broker, financial advisor, attorney, real-estate broker, or settlement provider. Actual property values, negotiation outcomes, loan terms, closing costs, required funds, credits and settlement amounts vary by transaction. Review property-specific decisions with appropriate licensed professionals and verify final cash-to-close figures using your lender's and settlement provider's official documents.
Cash to Close vs. Closing Costs
Closing costs are fees and expenses associated with completing the transaction and financing — lender fees, title fees, government fees, and similar charges.
Cash to close is the estimated total amount you still need to provide to complete the purchase — after accounting for your down payment, closing costs, prepaid items, deposits already paid, and applicable credits. It's the broader, more complete number.
$350,000 purchase, 10% down ($35,000), 3.5% closing costs ($12,250), $4,350 prepaid/escrow, $2,000 earnest money already paid, $1,000 seller credit:
$35,000 + $12,250 + $4,350 − $2,000 − $1,000 = $48,600 cash to close.
Why Deposits and Credits Matter So Much
Two buyers with identical down payments, closing costs and prepaid items can still need very different amounts of cash on closing day — because deposits and credits are dollar-for-dollar reductions, not percentages. Using the worked example above ($35,000 + $12,250 + $4,350 = $51,600 in gross funds needed before any reductions):
- Buyer A pays no earnest money upfront and negotiates no credits: needs the full $51,600 at closing.
- Buyer B already paid a $2,000 earnest money deposit and negotiated a $1,000 seller credit: needs only $48,600 — $3,000 less, with an identical purchase.
That's why it's worth negotiating for seller or lender credits and tracking every deposit you've already made — each dollar reduces your cash to close on a one-to-one basis.
Where Does Cash to Close Come From?
- Checking / savings accounts
- Sale proceeds from another property
- Gift funds, where permitted by your loan program
- Verified eligible assets
- Other lender-approved sources
Large transfers, new borrowing or unexplained deposits before closing can create documentation issues. Confirm acceptable sources and documentation requirements with your lender before moving funds.
Before You Wire Money
Before closing, compare this estimate against your official Closing Disclosure. Check:
Wire fraud is a serious risk in real-estate transactions. Independently verify wiring instructions with the settlement/title company using a trusted phone number before sending funds. Do not rely solely on emailed wiring instructions.
Need to Estimate Your Closing Costs First?
Get an itemized closing cost breakdown, then come back here to finish your cash-to-close estimate.
Calculate Closing Costs →Frequently Asked Questions
What is the difference between closing costs and cash to close?
Closing costs are the fees and expenses associated with completing the transaction and financing — lender fees, title fees, government fees, and similar charges. Cash to close is the broader, total amount you actually need to bring: your down payment plus closing costs plus prepaid/escrow items, minus any deposits you already paid and any applicable credits.
Does my earnest money deposit reduce my cash to close?
Yes. Earnest money you already paid is typically credited toward your total at closing, which reduces the additional cash you need to bring on closing day.
Can seller or lender credits cover my entire down payment?
Not necessarily. Credits reduce applicable closing expenses, but whether — and how much — a credit can apply toward specific costs depends on your loan program and the terms of your purchase contract. Never assume a credit can be used against your down payment without confirming with your lender.
What are prepaid and escrow items?
These are not lender fees — they are funds collected in advance to cover future expenses, such as property taxes and homeowners insurance, or interest that accrues between your closing date and your first mortgage payment. They fund your escrow account and cover near-term costs, not the cost of originating your loan.
How do I verify my actual cash to close?
Compare this estimate against your official Closing Disclosure, which your lender is required to provide before closing. Review every line item — purchase price, loan amount, down payment, closing costs, credits, deposits, and prepaid items — before wiring any funds.
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Analyze the Property with Reaixo →Related Reports
Educational Use Only: Reaixo provides estimates for informational and educational purposes and is not an appraiser, lender, mortgage broker, financial advisor, attorney, real-estate broker, or settlement provider. Actual property values, negotiation outcomes, loan terms, closing costs, required funds, credits and settlement amounts vary by transaction. Review property-specific decisions with appropriate licensed professionals and verify final cash-to-close figures using your lender's and settlement provider's official documents.